The Code of Federal Regulations Title 26 contains the codified Federal laws and regulations that are in effect as of the date of the publication pertaining to Federal taxes and the Internal Revenue Service.Customer A purchases goods from merchant B using a credit card issued by Bank X. B is one of a network of ... B to A. (ii) Xa#39;s arrangement constitutes a third party payment network as defined in paragraph (c)(3) of this section because ... B provides a variety of ACH payment processing services to a large number of merchants, such as converting checks received in payment of bills into ACH transactions.
|Title||:||Title 26 Internal Revenue Part 1 (§ 1.1551 to end of part 1) (Revised as of April 1, 2014)|
|Author||:||Office of The Federal Register, Enhanced by IntraWEB, LLC|
|Publisher||:||IntraWEB, LLC - 2014-04-01|